Goku, on 01 April 2025 - 04:23 PM, said:
It’s what you call factual, bud, whether you like it or not.
I thought the same. I’m surrounded by wealthy, older folk and this will have prejudiced my opinion.
Some quick Googling throws up from Ageing Better some interesting points.
There is a “ rebuttal of the “wealthy baby boomer” narratives that have become so commonplace in public discourse, fueling intergenerational conflict and resentment towards our older population.
Although it is undeniable that there are wealthy older people, wealth inequality within older age groups is vastly greater than between older and younger age groups.
And just as in every other age group, there are large numbers of older people living financially precarious lives. In fact, 2.1 million people aged over 65 are living in relative poverty in the UK today: that’s almost one in five people (18%) in this age group. “
Needs more research but I’d say the perception of older people being wealthy stems from because they have often wealth tied up in property. Asset rich, income poor.
"Can't change or choose your football club. Sorry son"